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How Artificial Intelligence can solve big issues like Pandemic, Climate Change, Inequality

The latest modifications in the technology industry are showcasing to be beneficial in almost every sector. More focus is now on Artificial Intelligence (AI) reducing the gap made by our predecessors in the pre-internet era. The gap which led to the various natural disasters, pandemics, and even inequalities from economic as well as providing opportunities […]

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The latest modifications in the technology industry are showcasing to be beneficial in almost every sector. More focus is now on Artificial Intelligence (AI) reducing the gap made by our predecessors in the pre-internet era. The gap which led to the various natural disasters, pandemics, and even inequalities from economic as well as providing opportunities to each person irrespective of their gender in private and public organizations.  Besides the common industries being in focus (financial services, medical and healthcare, logistics, etc), smart cities, smart homes, and transportation have started being the focal area. Interconnecting electronic devices with home appliances and driverless driving are two examples helping in increasing the curiosity across industries.

Constructing and Safeguarding Smart Cities from Natural
Disasters via AI.

In a way one could perceive implementing
artificial intelligence
and sister-like technologies on public infrastructure
like public transport cards, traffic lights being connected with road sensors. The
modification around traffic light infrastructure has been implemented in
Scotland’s Glasgow city. The Las Vegas health department in coordination with
Rochester university developed an application that assisted in filtering out
restaurants that were susceptible to inspections. AI-enabled computational
tools assist in safeguarding cyber-infrastructure that’s the core framework of
smart cities. Automated driving might seem fascinated at the face value (all
credit to Elon Musk’s Tesla cars), but is facing a couple of hurdles as it’s
still in the initial phase. There are three
phases for building smarter cities
. The first phase
focuses on planning. The second phase includes scrutinizing relevant articles. The
last phase or the third phase encompasses reporting and dissemination.
Employing such advanced technologies will help in saving electricity, water
wastage would be lowered, temperatures within the home would vary depending on the
outside environment. The fundamentals of constructing a home would be robust
that most natural disasters like earthquakes, cyclones, or the recent one
COVID-19 may be handled much better.

Almost all sensible, logical, and practical
technological experts agree that as artificial intelligence is in its initial
phase and there’s enormous scope for it in the future, one should take into
account a few pros and cons. It’s wise to hope for the best scenario but
simultaneously work for the worst scenario as well. The pre-requisites
for a responsible AI
should include resoluteness towards:

The incentives for developers, users, investors, and individuals who do the research and development must be such that they aspire to advance swiftly and morally as well. Another factor to be considered is by applying integrative research. Just like a piece of the song sounds best when each tone is played exactly at right time similarly, the benefit of artificial intelligence would be able to reach across the world when every industry fine-tunes with each other. A few potential hurdles to be alert from include validation and verification, the complexity of some AI models, user’s privacy and legitimacy, etc. Besides the mentioned hurdles, it better to alter algorithms consciously as more biases, behaviour manipulation, and social risks are cropping up frequently. This piece of research showcases a couple of factors that indicate the advantages and few loopholes as well in the technological platform present today. The six W’s bring out the crux about the myths and reality on the ground. Another crux which indicates the factors uniting all countries are the six E’s.

With the intermixing of globalization and
localization, one could look at the whole world as a big joint family. Partnering
and cooperating
have been seen in the past as well, like nations
coming together in the First and Second World War to fight against a common
enemy. Similarly, to make the planet blossom to its natural full potential,
firms and Governments of each nation need to come together and achieve this
common goal via AI. Almost every country has some unique value-add-on whether
be it in the Eastern part, or the Western part of the world. Working together
towards the same goal would surely make the future generations live a much
better life by inter-combining
the latest technological equipment’s in our daily lives

while keeping the utilization in moderation. Based on this
piece of research
, poverty would be almost extinct, no individual would
have to starve due to lack of food, the overall quality of education would
increase exponentially, the average life span of a human being may increase, sustainable
and eco-friendly cities and communities would be available, etc.

Alterations
in Human Rights and Equality via AI and sister-like innovations.

There has been a lot of discussions, debates, and some controversies as well regarding the
employability and human rights as to when the technology will get deployed 100%
on the round. The United States of America and China are the major hubs for
research around this particular area at the moment. The common issues which get
cropped up often include morality and ethics perspective. People who could be
said conservative tend to look AI with some hesitation to use it daily. But
those see themselves as republicans tend to use the technology without
hesitation.

With the Coronavirus pandemic spread across the world, nation leaders are facing
equality issues daily. Treating people who are under a specific age group and
neglecting those who might be susceptible to the virus is a harsh decision to
implement.

Seeing the issue from a technical and philosophical perspective, experts are finding it hard to conclude whether AI
and related technological platforms would enhance human life or make it worse. Some
clusters from a philosophical background generally think that robots and
machines would harm human society (as shown in the movie I, Robot (2004)). But
after a couple of researches, even technological experts are started to
showcase that if the algorithm is built with appropriate context/intent, the
robot or a machine would only aid a human being. The debate of
intermixing technology with humans in some perspective might go on for a little
while. But it would be ideal if the issue is resolved as quickly as possible
for the benefit of the present population on Earth

The post How Artificial Intelligence can solve big issues like Pandemic, Climate Change, Inequality appeared first on PrimaFelicitas.

Source: https://www.primafelicitas.com/how-artificial-intelligence-can-solve-big-issues-like-pandemic-climate-change-inequality/?utm_source=rss&utm_medium=rss&utm_campaign=how-artificial-intelligence-can-solve-big-issues-like-pandemic-climate-change-inequality

Blockchain

Bitcoin dominance is an irrelevant metric unless…

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The volatile cryptocurrency market has given way to multiple metrics for the market observers to analyze and predict what’s coming next. One such metric has been Bitcoin dominance, but as per Su Zhu, it should not be relevant to you unless you are a billionaire.

How so?

The CEO of Three Arrows Capital opined this after noticing the trend of the newcomers avoiding Bitcoin and Ethereum and opting for risky crypto tokens. When the largest digital asset was stuck in a wider correction period, altcoins like Dogecoin [DOGE] grabbed much attention. This was possible due to the hype created by Tesla CEO or, self-proclaimed “doge-father,” Elon Musk and the Doge community.

However, understanding the newcomers’ enthusiasm Zhu opined that if he were to bet on projects now, he would choose Solana and Avalanche.

Despite the popularity of altcoins, the exec remained bullish on Bitcoin and Ethereum as he expected, the former to flip gold’s market cap, and the latter to eventually hit a value above $25,000. Bold predictions, but nothing we haven’t heard before.

However, newcomers were more bothered about the dominance metric but as data suggested, Bitcoin dominance has recently been falling. The dominance was hit earlier but recovered to form a peak at 49.25% on 30th July. But given the correction phase that followed, the dominance of BTC fell and was last noted to be at 40% on 10th September.

It is interesting to note that despite plenty of adoption related news such as that of El Salvador, coming in over the past few weeks, it looks like the dominance has remained unaffected by it.

Source: CoinMarketCap

Twitter user and crypto enthusiast, @HsakaTrades also noted that Bitcoin dominance was not a relevant metric for anyone who has a “sub mid 9fig portfolio]. Agreeing with Hasaka, Zhu added,

“To clarify, if you’re holding for 5+ yrs, you shouldn’t be thinking about btc dominance in the first place. And obv btc and eth have a strong place in that portfolio.

If you’re allocating actively atm, and think debating btc v eth v alts is a good framework, you’re ngmi.”

While this advice could stand true for experiences, long-term trader interested in making money, but not the ones looking out to invest in tech. This was especially highlighted in the comments wherein the crypto users were upset about the CEO’s Solana [SOL] recommendation that recently witnessed an outage.

Nevertheless, the trading advice and strategies differd from trader to trader and Zhu’s opinion to not focus on the BTC dominance, prebably stemmed from a hodlers perspective. While interesting projects were now erupting in the crypto space, it looks like Bitcoin’s dominance, not only in terms of price, but as a crypto project could be challenge.

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Source: https://ambcrypto.com/bitcoin-dominance-irrelevant-for-anyone-not-10figs

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Blockchain

Millions of Dollars Raised Through Solana’s DeFi Projects

Millions of Dollars Raised Through Solana's DeFi Projects

PAI, an algorithmic stablecoin, backs Parrot Protocol. Grape Protocol was the primary source of the downtime. Solana has been up

The post has appeared first on thenewscrypto.com

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  • PAI, an algorithmic stablecoin, backs Parrot Protocol.
  • Grape Protocol was the primary source of the downtime.

Solana has been up nearly 3200% since August. Investors’ interest in Ethereum rival systems featuring DeFi, NFT, and smart contract services has risen dramatically.

The software applications that simulate legal contracts are smart contracts. Once housed on a blockchain network, the software application will run automatically without human intervention.

This month, Solana’s DeFi initiatives raised millions of dollars. This is another proof of Solana’s potential to compete with Ethereum. Currently, Ethereum has the most DeFi and NFT projects.

Bots raced to invest in a token sale for Grape Protocol over flooded the blockchain, causing Solana to collapse for 17 hours on Tuesday. Let us take a look at the few IDO that helped raise millions.

Grape Protocol

Grape Protocol, the primary source of the downtime, managed to raise just $600,000 on Raydium’s “Acceleraytor.”

Tokenized communities may use Grape Network to connect to platforms like Discord, Telegram, and soon twitter to collaborate over Solana and reward members with crypto.

Parrot Protocol

Parrot Protocol is based on Solana. Investors in the Initial DEX offering included Sino Global Capital, Alameda Research, and QTUM VC. Moreover, to put it simply, Parrot is a non-custodial lending platform and decentralized exchange.

PAI, an algorithmic stablecoin, backs Parrot. Furthermore, Parrot offered a governance token called PRT in its IDO. Thus, allowing investors to vote on the protocol’s operation and farm yields on Solana without affecting other Layer 1 blockchains.

Solana’s failure impacted Parrot’s IDO, but it was resolved by Sept. 16. Moreover, the team said it would start working on PRT staking, NFTs, and adjustable interest rates in “Letter from the Parrot.”

Several Solana initiatives will be launched in the next day’s/weeks. Examples include Solanium, Boca Chica, and Solstarter. On Solanium, whitelisted users may buy MatrixETF.

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Source: https://thenewscrypto.com/millions-of-dollars-raised-through-solanas-defi-projects/

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Blockchain

Cosmos (ATOM) Lead Market-Wide Rally

Cosmos (ATOM) Lead Market-Wide Rally

Cosmos’ creators call it an “internet of blockchains.” ATOM also launched a bridge to Ethereum at the end of August.

The post has appeared first on thenewscrypto.com

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  • Cosmos’ creators call it an “internet of blockchains.”
  • ATOM also launched a bridge to Ethereum at the end of August.

Cosmos (ATOM) blew up 10.74 percent overnight to establish a new price of $39.58, according to CoinMarketCap. It surpassed $40 yesterday, reaching $40.76. Despite today’s minor decline, Cosmos’ price was still ten dollars more than seven days ago, and twenty dollars higher than this time last month.

Its creators call it an “internet of blockchains.” It’s an interoperability network that allows various blockchains to connect, exchange data, and interact with one another.

In short, Cosmos claims to address some of the “hardest problems” in the blockchain sector. It seeks to provide an alternative to “slow, costly, unscalable, and ecologically harmful” proof-of-work protocols like Bitcoin by connecting blockchains. On August 18, Cosmos rose 25% from $15 to $20 after the introduction of Emeris, a cross-chain DeFi interface.

It also launched a bridge to Ethereum at the end of August. The inter-blockchain communication protocol (IBC) allowed trade across the Cosmos and Ethereum networks for the first time, along with the integration of Sifchain.

Cosmos Might Soon Over Take FTX Token

Cosmos is “Blockchain 3.0” — thus, as previously said, ease of usage is a significant objective. To this aim, the Cosmos SDK emphasizes modularity. This enables a network to be created quickly using existing code. Long term, it is anticipated that sophisticated applications would be simple to build.

Cosmos now has the twenty-first largest market value, but at this pace, it would only take $0.8 billion to flip FTX Token and make a bold entry into the top twenty.

Some in the crypto sector, much worried about the amount of fragmentation in blockchain networks. There are hundreds, yet few can converse. Cosmos wants to change this by making it feasible.

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Source: https://thenewscrypto.com/cosmos-atom-lead-market-wide-rally/

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